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Exin Exam ASM Topic 7 Question 65 Discussion

Actual exam question for Exin's ASM exam
Question #: 65
Topic #: 7
[All ASM Questions]

While performing a cost-benefit analysis, the Product Owner of a project determined that the project has 45% probability of incurring a loss of $800,000 due to the latest Land Reform Bill. Which of the following techniques is being used by the Product Owner to perform cost-benefit analysis?

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Suggested Answer: B

by Maddie at Jun 30, 2024, 04:33 PM

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Nohemi
2 months ago
Forget the cost-benefit analysis, I'm more concerned about this Land Reform Bill causing an $800,000 hit. Yikes!
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Nieves
1 months ago
D) Risk Breakdown Structure.
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Xuan
1 months ago
C) Pareto Analysis.
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Marg
2 months ago
B) Probability Impact Grid.
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Kathrine
2 months ago
A) Expected Monetary Value.
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Lorean
2 months ago
Hopefully the Land Reform Bill doesn't actually cost the project $800,000! That's a pretty hefty potential loss.
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Mari
2 months ago
Expected monetary value is definitely the way to go. Gotta love when they give you the numbers to plug right in!
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Hyun
24 days ago
That could work too, but EMV is more common in this scenario.
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Wilda
2 months ago
B) Probability Impact Grid.
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Dottie
2 months ago
I agree, it's a straightforward calculation.
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Vivan
2 months ago
A) Expected Monetary Value.
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Lavonne
3 months ago
Hmm, this is a tricky one. I was thinking the probability impact grid, but the expected monetary value makes more sense given the specific loss amount and probability.
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Charolette
3 months ago
I agree, the expected monetary value is the right technique for this kind of cost-benefit analysis. Factoring in the probability of the loss is crucial.
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Tamar
1 months ago
B) Probability Impact Grid.
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Benedict
1 months ago
Yes, it's important to consider the probability of incurring a loss in the analysis.
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Nakisha
2 months ago
Agreed, it gives a more realistic view of potential outcomes.
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Ilona
2 months ago
Yes, it's important to factor in the probability when analyzing costs.
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Catalina
2 months ago
Expected monetary value helps in considering the probability of loss.
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Jacki
2 months ago
A) Expected Monetary Value.
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Colette
2 months ago
D) Risk Breakdown Structure.
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Yasuko
2 months ago
C) Pareto Analysis.
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Herminia
2 months ago
B) Probability Impact Grid.
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Harrison
2 months ago
A) Expected Monetary Value.
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Gabriele
4 months ago
The expected monetary value technique seems like the correct approach here. Calculating the potential loss based on the probability is a key aspect of it.
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Polly
3 months ago
Yes, that technique helps in determining the average outcome based on probabilities.
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Diane
3 months ago
A) Expected Monetary Value.
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Lelia
4 months ago
I believe Expected Monetary Value is the most appropriate technique for this cost-benefit analysis.
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Carmen
4 months ago
I agree with Virgina, Expected Monetary Value helps in calculating the average outcome of different scenarios.
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Virgina
4 months ago
I think the Product Owner is using Expected Monetary Value.
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